Suze Orman

Sue, listen to me.

First of all, normally this 4.5%, which is true,

applies to things like real estate, things like that.

It never usually applies to a retirement account, especially because you happen to be in New York.

All right.

Now, if you were a Pennsylvania resident, everything was there, da, da, da, da.

But even then, normally IRAs are not included in this 4.5% estate tax.

All right, next.

The reason I'm looking at you like that is KT.

Most of the 80-year-olds that are writing in, where they're the ones writing in, they have money.

They've been listening to me for 40 years.

They are, of course, are responsible.

And so the real lesson there is if you start early, you'll end up with millions like most of our 80 and 70-year-olds and 90-year-olds have.

Multi-millions.

However, Carla is going to end up with millions when she's in her 80s.

But parents who don't listen to the Women in Money podcast, they never have.

They never listened to me on CNBC or any of that.

What are you going to do?

What this really shows you, everybody, is if you start early, you'll be just fine.

All right, go on.